Rent-a-Husband founder settles case; threatens Ace lawsuit

February 28, 2011

The Founder of Rent-a-Husband has agreed to pay $2 million to settle criminal charges that claimed he duped investors in his home-repair business, according to an article in The Independent and other media outlets.

Kaile Warren, who did not admit guilt as part of the settlement, has also agreed to seek damages from Preti Flaherty, a Portland-based law firm that did legal work for Warren and his business for about a decade, as well as law firm Marcus Clegg & Mistretta and Ace Hardware, which was planning to offer the Rent-a-Husband Services nationally, according to the article.

Warren had been scheduled to go to trial March 14 on one count of securities fraud and one count of theft by deception filed by the Maine Attorney General’s office.